A loan of $3,000 helped a member to buy airfare to Peru during April, where she will buy her merchandise.

Crece Group's story

This communal bank is called “Crece” [Grow]. It is made up of 18 entrepreneurs who work in different areas. Among them are artisanal crafts such as weaving, making organic jams, selling jewelry, selling lingerie and making clothes, among others. All of them live in the city of Chillán.

Paulina is a member of the communal bank. In the photo she is in the back row, fourth from the left. She is one of the tallest members of the group and her hair is black and loose. In the photo her face is turning to the left and she is smiling. Paulina has sold new clothing for 6 months. She buys her merchandise in the country of Peru and makes her purchases every two months. She does her job by selling door to door to people she knows and her schedule is flexible. With the loan and some savings she will pay for airfare to travel to Peru during April. One of her goals for her business is to do massive sales with an established locale. This way she can expand her business.

Paulina lives with her husband and one of her personal dreams is to own her own house. To do this, she will apply for a housing subsidy. She is very happy and grateful for the opportunity offered by Fondo Esperanza. This loan will allow her to keep investing in her business. In regards to the trainings given in the communal bank, she remarks that she has learned to distribute her income in a better way, which has helped her business. She also enjoys the meetings, since she shares with the other members who are very hardworking.

Chillán is a community in the south central area of Chile. Its name means "sun chair" in Mapudungun, the language of our Mapuches indigenous. Chillán is known as the "Cradle of the Nation", or "Land of Artists". The city has produced notable people in Chile's history, such as the well known pianist Claudio Arrau.

In this group: Paulina, Patricio, Marisol, Patricia, Magaly, Claudio, Marta, Claudia, Christian, Carolina, Marcia, Hortensia, María, Andrea, María Marta, Leticia, Angelina, Susana

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Translated from Spanish by Kiva volunteer Ellen Donohue

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